TA education

[rcanfiel]

Quote from ProfLogic:

The study and research that is "Pure Price Action"

IS

PURE

Technical Analysis.

When you start adding to that you dilute it.

Pure price action has value. TA as used by almost all "traders" sucks. Giving it synonyms changes little.

 

[indahook]

Quote from rcanfiel:

Pure price action has value. TA as used by almost all "traders" sucks. Giving it synonyms changes little.

The definition of technical analysis is the study of price action.

www.mta.org to learn more.

 

[rcanfiel]

Quote from indahook:

The definition of technical analysis is the study of price action.

www.mta.org to learn more.

We are well aware of this association.

But again, pure price action has value. TA as used by almost all "traders" sucks.

 

[Mup]

Elliott Wave is a must read

 

[ProfLogic]

Quote from Mup:

Elliott Wave

Drowned on wave 5.

 

[Mup]

Oh and Willes Wilder Delta Phenomenon

Combined with Elliott Wave

 

[bighog]

proflogic has it right. Price rules bacause price change is what makes the bottom line red or black.

Think of a wheel and what it does, RIGHT, it goes round and round. Now replace the wheel with tradingfor money and describe HOW that wheel goes round and round. The emotional keyword called money to describe how, why, when something will, should, might happen will bring out a million different explanations, methods, signals, indicators etc.

Think of trading as a simple wheel and KISS. ..

 

[Gary Fox]

Hello cortez,

I have a number of technical analysis books. I would say, hands down, the best beginner/introductory book on my shelf is "The Technical Analysis Course" by Thomas A. Meyers. That's the one I would suggest.

Gary

Quote from cortez27:

I have an uncle who is interested in learning about technical analysis and I am supposed to forward to him a list of good content websites as well as some training videos. It's been a while since I learned TA, so what sites are considered to have good content to learn from or videos to follow along with?

I am also suggesting a few good TA books: so far I have:
Bruce Kamich : How TA Works
any other high reco books?

 

[alex.samant]

How can technical analysis "suck"????

Dude... C'mon! You can do better than this..

 

[learner2007]

Quote from rcanfiel:

The bullshit is people who continue to claim that it works.

The true answer is, "if TA works, prove it."

>rcanfiel

If you are so convinced that TA doesn't work,
then the obvious thing for you to do is to learn all you
can about TA and then do just the opposite of what
your analysis indicates to do!!

If TA doesn't work, prove it!! Prove us wrong and make
money doing so!!